Vanadium market sees increased demand for raw materials

Date: Dec 11, 2018

www.ferroalloynet.com: The inquiry activity for ammonium metavanadate, vanadium pentoxide powder and flake picks up slightly. However, the buyers offers low purchase prices with 200000 rmb/ton (cash, tax inclusive) for ammonium matavadate, 210000-220000 rmb/ton for V2O5 powder and 230000-240000 rmb/ton for V2O5 flake. The whole vanaidum market is quite chaotic and the price decline of vanadium products are varied. Though there is increased purchase demand, the transaction remains difficult.

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